528:
to
Federated's balance sheet, far more than Atari anticipated. The net worth of its acquisition was reduced by $ 33 million. Atari's CFO later claimed that they would never have done the deal had they known at the time. Federated's operational losses increased, reaching $ 67 million for its first full year under Atari in 1988. The FBI began an investigation of Atari in May of that same year for an ongoing scheme involving the profitable import and resale of Japanese DRAM chips in the US, "in violation of U.S. import laws and contrary to import agreements." This alleged DRAM scheme was purportedly to offset the unanticipated losses in the purchase of Federated. In March 1989, Atari announced that it would treat Federated as a discontinued operation and took an additional one-time charge of $ 57 million. Federated was eventually sold to
551:
138:
685:. The reverse merger was completed on July 30, 1996. Financially, the merge consisted of Atari's "acquisition" of JTS for approximately $ 112.3 million. Atari's role in the new company largely became a holder for most of its properties. Most of Atari's staff members were either dismissed or resigned, and its Atari Interactive division was quickly shut down, with the remainder of its employees being relocated to JTS's headquarters. Consequently, the Atari name almost vanished from the consumer market.
514:'penny-pinching' hard-nosed bargaining, sometimes at the risk of everything else," resulting in poor customer service and documentation, and product release dates that were "perhaps not the entire truth ... Pretty soon, you don't believe anything they say." He concluded, "I think Atari Corp. had better start considering how they're perceived by the non-Atari-using public." The company, however, was much more open to the press than its predecessor Atari Inc., which had refused to let
720:
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32:
450:
446:'s founder Jack Tramiel soon after his resignation from Commodore in January 1984. Initially named Tramel Technology, Ltd., the company's goal was to design and sell a next-generation home computer. On July 1, 1984, TTL bought the Consumer Division assets of Atari, Inc. from Warner, and TTL was renamed Atari Corporation. Warner sold the division in exchange for $ 240 million in stock in the new company.
1892:
672:
Despite the Jaguar being a commercial failure, by
February 1996, a series of successful lawsuits followed by profitable investments left Atari with millions of dollars in its bank account but no new products to sell at all. In addition, the Tramiel family wanted out of the business. On February 13,
527:
for $ 67.3 million. October 4, 1987, Atari completed the acquisition and gained full control of its own retail stores. In the final quarter of 1987, Federated lost $ 6.4 million in day-to-day operations. A post-acquisition audit ended on
February 15, 1988, and identified $ 43 million in adjustments
496:
in the UK, price points for the initial PC model were given as around £400 including VAT for a 512 KB floppy-only model supporting CGA, EGA and
Hercules graphics, rising to £1000 including VAT for a hard drive model. Later, the company introduced an MS-DOS compatible palm computer called the
492:, announcing a budget model at "a record-breaking price of under $ 599" in early 1987, to be followed by a more expandable PC-2 model at a higher price point, this being announced alongside the PC-3 in November 1987. Responding to the introduction of the low-cost
588:
console. However, due to a games library which was low in both quantity and quality, as well as being extremely difficult to program games for the system because of its multi-chip architecture, it was unable to compete effectively against
469:(which had a limited release in 1984). Atari Corp. rebounded, producing a $ 25 million profit for 1986. The Atari ST line proved very successful (mostly in Europe, not the U.S.), ultimately selling more than 5 million units. Its built-in
620:
In
December 1995, Sam Tramiel suffered a mild heart attack, forcing him to step down as Atari's president, causing Jack Tramiel to come back and lead the company again. On January 2, 1996, at the Winter
1653:
Beverly, MA (May 14, 1999) – Leading entertainment software publisher, Hasbro
Interactive announced today it has released all rights that it may have to the vintage Atari hardware platform, the Jaguar.
565:, a handheld console with color graphics, to critical acclaim. However, a shortage of parts kept the system from being released nationwide for the 1989 Christmas season; the Lynx lost market share to
457:
Under
Tramiel's ownership, Atari used the remaining stock of game console inventory to keep the company afloat while they finished the development of their 16-bit computer system, the
625:, Atari Corporation formally announced the formation of a PC division, Atari Interactive, to "address the worldwide PC market". Planning to initially launch with four titles,
2824:
2804:
2819:
1163:
711:, through Atari SA, continues to hold and license all Atari trademarks as well as produce many new games, some based on Atari's original properties, to this day.
400:; in addition to hardware, the company also published video games for its home systems and also had an in-house development team for Lynx and Jaguar software for
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As the fortunes of Atari's computers faded, video games again became the company's main focus. In 1993, Atari released its last console, the
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for $ 5 million, less than a fifth of what Warner
Communications had paid 22 years earlier. The transaction primarily involved the
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Atari sustained a net loss of $ 49.6 million for 1995, with $ 27.7 million in losses during the last quarter of the year alone.
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In 1988, Stewart Alsop II said that Atari was among several companies that "have already been knocked out" of the GUI market by
96:
68:
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line. Then in 1986, Atari Corp. launched two consoles designed when Atari was under Warner's control: Atari 2600 Jr and
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49:
1939:
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Hasbro
Interactive would announce the release of all rights to the Atari Jaguar on May 14, 1999, during that year's
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82:
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1218:"Atari to Acquire Federated Group for $ 67.3 Million: Deal Would Give Video Pioneer Access to a Retail Network"
53:
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2002:
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461:. In 1985, they released their update to the 8-bit computer line—the Atari XE series—as well as the 16-bit
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preview forthcoming announcements and even opposed the magazine printing the word "Atari" on its issues.
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707:, which renamed it Infogrames Interactive and then the Atari Interactive name in 2003. The present day
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Atari, under
Tramiel, had a poor reputation in the marketplace. In 1986 a columnist for Atari magazine
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line, its closest competitor in the marketplace, the Amiga outsold it 3 to 2 in the end.
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ports made it especially popular among musicians. Still, after initially outselling the
2475:
1602:... the recently formed PC division, Atari Interactive, has been completely liquidated.
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rights, which Hasbro Interactive largely used as a brand name for retro game releases.
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non-operating division which itself closed after JTS sold all Atari assets to
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1352:"Ailing Unit Blamed for $ 85-Million Loss: Atari Puts Federated on the Block"
1016:
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547:, and others, but Atari's sales hit their peak that year, at $ 452 million.
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https://www.sec.gov/Archives/edgar/data/941167/0000950153-96-000413.txt
1328:
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1033:
The Video Game Explosion: A History from PONG to Playstation and Beyond
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On March 13, 1998, JTS Corporation sold the Atari name and assets to
601:
would outsell the Jaguar in very large numbers late in its lifespan.
544:
16:
Former American manufacturer of home game consoles and home computers
1702:
1129:
849:
in December 1998, a filing which would ultimately be converted into
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Thomas, Don (December 1996). "Atari's Historic Road to Nowhere".
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for anyone to publish software on. The Jaguar has since gained a
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20:
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1728:
A History of Tramel Technology / Atari by Michael D. Current
2170:
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1517:
510:
warned that company executives seemed to emulate Tramiel's
470:
1743:
1433:"Atari Retrospective: The Rise and Fall of a Gaming Giant"
1697:
540:
1749:
1137:"Atari's expandable PC heats up cheap clone system wars"
19:
For information on the Atari brand and its history, see
863:
1103:
1050:
2825:
Defunct computer companies based in New York (state)
1367:"COMPANY NEWS; Atari Is Selling 26 Federated Stores"
703:
On January 29, 2001, Hasbro Interactive was sold to
56:. Unsourced material may be challenged and removed.
2805:Defunct video game companies of the United States
1155:
523:On August 23, 1987, Atari agreed to purchase the
2761:
919:
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915:
677:, a short-lived maker of hard disk drives, in a
488:Atari eventually released a line of inexpensive
2820:Defunct computer companies of the United States
1182:
950:
948:
946:
616:Atari Jaguar, the company's final major product
584:, the Jaguar was marketed as the world's first
1191:"Today's Atari Corp. | A close-up look inside"
1076:
1765:
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912:
373:sold the home gaming and computing assets of
943:
2815:Video game companies disestablished in 1996
2780:1996 disestablishments in the United States
1349:
1161:
1890:
1772:
1758:
1693:"Infogrames to Acquire Hasbro Interactive"
1641:"Hasbro Releases Jaguar Publishing Rights"
1263:
925:"Atari and JT Storage Reorganisation Plan"
136:
2632:
2551:
2404:
1685:
1215:
1188:
116:Learn how and when to remove this message
2810:Video game companies established in 1984
1667:"Redundant gadgets (Atari Jaguar entry)"
1616:"'Success' killed Pac-Man creator Atari"
1430:
1111:"Atari Announces New Products at Comdex"
1004:
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591:the incumbent fourth generation consoles
549:
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404:, or developing original titles such as
2775:1984 establishments in New York (state)
1511:
1082:
2785:American companies established in 1984
2762:
1614:Biggs, Brooke Shelby (July 19, 1996).
1384:Alsop, Stewart II (January 18, 1988).
1008:
845:JTS Corporation itself would file for
1753:
1613:
1383:
1350:LAZZARESCHI, CARLA (March 10, 1989).
1162:Leyenberger, Arthur (February 1986).
999:
967:
888:
369:name less than two months later when
1536:
1216:Yoshihara, Nancy (August 24, 1987).
1029:
634:Highlander: The Last of the MacLeods
54:adding citations to reliable sources
25:
2795:Defunct computer hardware companies
1543:Tempest 2000 CD cover at Moby Games
1512:Shelton, Denise (January 3, 1996).
1431:Langshaw, Mark (January 27, 2013).
1410:"Which Game System is the Best!?".
1117:. January–February 1987. p. 18
1064:. January–February 1987. p. 12
714:
669:. These plans did not materialize.
413:Trevor McFur in the Crescent Galaxy
13:
2800:Defunct computer systems companies
1701:. December 6, 2000. Archived from
1479:"Atari Broadens its Platform Base"
1386:"WUI: The War Over User Interface"
1364:
580:. One of the first entries in the
14:
2836:
2770:1984 establishments in California
1721:
1489:. January 2, 1996. Archived from
1091:. pp. 118–120, 122, 125, 127
1058:"Atari Announces Products At CES"
955:Johnston, Chris (April 8, 2000).
673:1996, Atari agreed to merge with
649:, further releases would include
582:fifth generation of game consoles
1664:
1420:. December 1995. pp. 36–85.
1327:. April 26, 2013. Archived from
847:Chapter 11 bankruptcy protection
349:was an American manufacturer of
30:
1746:– Atari historical archive site
1735:– Atari historical archive site
1658:
1633:
1607:
1583:
1572:
1555:"A History of JT Storage / JTS"
1547:
1514:"Atari announces PC games unit"
1505:
1471:
1457:"New Systems, New Price Cuts".
1450:
1424:
1403:
1358:
1343:
1313:
1287:
1242:
1224:
1209:
985:"The Life and Death of Atari".
856:
839:
41:needs additional citations for
1083:Jackson, Peter (August 1987).
1023:
853:by the courts in January 1999.
1:
1297:. May 1, 2013. Archived from
1189:Friedland, Nat (March 1987).
881:
864:Electronic Entertainment Expo
662:Rocky Interactive Horror Show
1089:Australian Personal Computer
908:. January 1998. p. 137.
741:Atari Transputer Workstation
561:In 1989, Atari released the
380:Its chief products were the
7:
442:The company was founded by
247:; assets later acquired by
10:
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18:
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1744:Atari Gaming Headquarters
1620:San Jose Business Journal
1030:Wolf, Mark J. P. (2008).
927:. One Cle. Archived from
901:Electronic Gaming Monthly
657:Return to Crystal Castles
623:Consumer Electronics Show
308:
286:
264:
254:
239:
221:
211:
193:
183:
162:
152:
144:
135:
1733:The Atari History Museum
1600:. May 1996. p. 20.
1467:. June 1996. p. 16.
1365:AP (November 11, 1989).
1143:. May 1, 1987. p. 6
1141:Popular Computing Weekly
832:
995:. May 1996. p. 20.
898:"Video Game Timeline".
868:opening up the platform
444:Commodore International
416:. In 1996, the company
365:, but then took on the
363:Tramel Technology, Ltd.
301:Sam Tramiel (President)
148:Tramel Technology, Ltd.
2619:Transputer Workstation
2428:Software and utilities
957:"Atari Goes to Hasbro"
724:
617:
558:
485:
454:
227:; 28 years ago
199:; 40 years ago
2693:825 80-Column Printer
2599:Atari 8-bit computers
1354:– via LA Times.
1281:www.atariarchives.org
1257:www.atariarchives.org
1220:– via LA Times.
851:Chapter 7 liquidation
722:
698:intellectual property
615:
608:Decline and aftermath
553:
483:
453:The original Atari ST
452:
371:Warner Communications
1705:on November 19, 2001
1643:. Hasbro Interactive
1274:"1988 Annual report"
1250:"1987 Annual report"
361:on May 17, 1984, as
357:. It was founded by
50:improve this article
2719:Atari joystick port
2461:Video game consoles
1673:on October 11, 2007
1524:on October 25, 2012
931:on December 9, 2006
557:030 model from 1992
424:, becoming a small
355:video game consoles
132:
65:"Atari Corporation"
2698:1020 Color Printer
2653:Portable computers
2592:Personal computers
2234:Return of the Jedi
1989:Cloak & Dagger
1371:The New York Times
1170:. pp. 109–110
1019:. pp. 97–104.
725:
690:Hasbro Interactive
652:Missile Command 3D
618:
559:
490:IBM PC compatibles
486:
455:
432:Hasbro Interactive
249:Hasbro Interactive
225:July 30, 1996
130:
2757:
2756:
2732:
2731:
2648:
2647:
2587:
2586:
2482:Atari Video Music
2422:
2421:
1886:
1885:
1873:Nightdive Studios
1837:Atari Interactive
1808:Atari Corporation
1331:on April 26, 2013
1043:978-0-313-33868-7
709:Atari Interactive
347:Atari Corporation
344:
343:
259:Atari Interactive
197:May 17, 1984
131:Atari Corporation
126:
125:
118:
100:
2832:
2683:
2682:
2630:
2629:
2549:
2548:
2444:Atari Calculator
2402:
2401:
2367:Tournament Table
1933:Atari Basketball
1926:Asteroids Deluxe
1894:
1853:Cyan Engineering
1792:
1791:
1774:
1767:
1760:
1751:
1750:
1715:
1714:
1712:
1710:
1689:
1683:
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1669:. Archived from
1662:
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1655:
1650:
1648:
1637:
1631:
1630:
1628:
1626:
1611:
1605:
1604:
1590:"Adios, Atari".
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1520:. Archived from
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1493:on March 3, 2016
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1204:
1202:
1197:. pp. 30–33
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1168:ANALOG Computing
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904:. No. 102.
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715:List of products
679:reverse takeover
599:Sony PlayStation
513:
507:ANALOG Computing
235:
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2744:Atari Flashback
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2143:Missile Command
2003:Crystal Castles
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1858:Digital Eclipse
1847:Chuck E. Cheese
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1596:. No. 92.
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1463:. No. 93.
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1416:. No. 12.
1413:Next Generation
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1015:. No. 24.
1012:Next Generation
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991:. No. 92.
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824:Atari Jaguar CD
800:Atari Portfolio
773:Atari XE series
723:Atari Portfolio
717:
683:JTS Corporation
610:
525:Federated Group
511:
499:Atari Portfolio
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326:Atari Portfolio
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2013:
2006:
1999:
1996:Crash 'N Score
1992:
1985:
1978:
1971:
1964:
1957:
1950:
1943:
1940:Atari Football
1936:
1929:
1922:
1915:
1907:
1905:
1903:and amusements
1897:
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1723:
1722:External links
1720:
1717:
1716:
1684:
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1632:
1606:
1582:
1571:
1546:
1535:
1504:
1483:Compkarori.com
1470:
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1357:
1342:
1312:
1301:on May 1, 2013
1286:
1262:
1241:
1232:"970 F.2d 641"
1223:
1208:
1181:
1164:"The End User"
1154:
1128:
1115:Atari Explorer
1102:
1075:
1062:Atari Explorer
1049:
1042:
1022:
998:
966:
942:
911:
886:
885:
883:
880:
877:
876:
872:cult following
855:
837:
836:
834:
831:
830:
829:
828:
827:
815:
809:
803:
797:
794:Atari 2600 Jr.
790:
784:
783:
782:
770:
769:
768:
762:
756:
753:Atari MEGA STE
750:
744:
738:
716:
713:
609:
606:
494:Amstrad PC1512
439:
436:
418:reverse merged
351:home computers
342:
341:
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328:
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2749:Intellivision
2747:
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2714:CX40 joystick
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2488:Video Pinball
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2019:
2018:
2014:
2012:
2011:
2007:
2005:
2004:
2000:
1998:
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1993:
1991:
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1986:
1984:
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1979:
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1975:Canyon Bomber
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1912:Anti-Aircraft
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1833:
1830:
1829:
1827:
1825:and spin-offs
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1709:September 30,
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1564:September 12,
1560:
1559:mcurrent.name
1556:
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1508:
1492:
1488:
1487:Business Wire
1484:
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1427:
1419:
1418:Imagine Media
1415:
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1398:
1394:
1387:
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1305:September 30,
1300:
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1018:
1017:Imagine Media
1014:
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812:Atari Panther
810:
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766:
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170:Home computer
168:
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139:
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128:
120:
117:
109:
106:November 2019
98:
95:
91:
88:
84:
81:
77:
74:
70:
67: –
66:
62:
61:Find sources:
55:
51:
45:
44:
39:This article
37:
33:
28:
27:
22:
2486:
2474:
2467:
2449:
2442:
2435:
2411:
2393:
2386:
2379:
2372:
2365:
2358:
2351:
2344:
2337:
2330:
2323:
2316:
2311:Steeplechase
2309:
2302:
2295:
2288:
2281:
2274:
2267:
2260:
2253:
2246:
2239:
2232:
2225:
2218:
2211:
2204:
2197:
2190:
2183:
2178:Pong Doubles
2176:
2169:
2162:
2155:
2150:Night Driver
2148:
2141:
2134:
2127:
2122:Lunar Lander
2120:
2113:
2106:
2099:
2092:
2085:
2078:
2071:
2064:
2059:Gran Trak 20
2057:
2052:Gran Trak 10
2050:
2043:
2036:
2029:
2022:
2015:
2008:
2001:
1994:
1987:
1980:
1973:
1966:
1959:
1952:
1945:
1938:
1931:
1924:
1917:
1910:
1823:Subsidiaries
1807:
1788:Corporations
1739:AtariAge.com
1707:. Retrieved
1703:the original
1696:
1687:
1675:. Retrieved
1671:the original
1660:
1652:
1645:. Retrieved
1635:
1623:. Retrieved
1609:
1601:
1591:
1585:
1574:
1562:. Retrieved
1558:
1549:
1538:
1526:. Retrieved
1522:the original
1507:
1495:. Retrieved
1491:the original
1482:
1473:
1458:
1452:
1440:. Retrieved
1436:
1426:
1411:
1405:
1396:
1392:
1379:
1370:
1360:
1345:
1333:. Retrieved
1329:the original
1324:
1321:"AtariLeaks"
1315:
1303:. Retrieved
1299:the original
1295:"AtariLeaks"
1289:
1280:
1256:
1244:
1235:
1226:
1211:
1199:. Retrieved
1194:
1184:
1172:. Retrieved
1167:
1157:
1145:. Retrieved
1140:
1131:
1119:. Retrieved
1114:
1105:
1095:December 16,
1093:. Retrieved
1088:
1078:
1068:December 16,
1066:. Retrieved
1061:
1052:
1036:. ABC-CLIO.
1032:
1025:
1010:
986:
960:
935:November 25,
933:. Retrieved
929:the original
899:
858:
841:
818:Atari Jaguar
765:Atari Falcon
702:
687:
682:
671:
666:
660:
656:
650:
644:
638:
632:
628:Tempest 2000
626:
619:
603:
575:
560:
555:Atari Falcon
534:
522:
515:
505:
503:
487:
456:
441:
425:
412:
406:
398:Atari Jaguar
379:
377:to Tramiel.
362:
359:Jack Tramiel
346:
345:
336:Atari Jaguar
296:Jack Tramiel
265:Headquarters
243:Merged into
216:Jack Tramiel
153:Company type
127:
112:
103:
93:
86:
79:
72:
60:
48:Please help
43:verification
40:
2679:Peripherals
2476:Stunt Cycle
2437:Atari BASIC
2374:Triple Hunt
2318:Stunt Cycle
2129:Major Havoc
2101:Jet Fighter
1961:Black Widow
1849:(1977–1980)
1832:Atari Games
1810:(1984–1996)
1804:(1972–1992)
1802:Atari, Inc.
1677:October 23,
1437:Digital Spy
1393:P.C. Letter
1335:October 22,
814:(cancelled)
747:Atari TT030
735:Atari STacy
667:Virtual War
595:Sega Saturn
375:Atari, Inc.
188:Atari, Inc.
184:Predecessor
175:Video games
2764:Categories
2633:Prototypes
2559:Game Brain
2552:Prototypes
2538:VCS (2021)
2405:Prototypes
2381:Ultra Tank
2339:Super Pong
2304:Starship 1
2262:Space Race
2255:Space Duel
2241:Shark Jaws
2192:Quadrapong
2038:Food Fight
2024:Fire Truck
1954:Battlezone
1625:August 15,
1528:August 15,
1497:August 15,
1325:AtariLeaks
1085:"Atari PC"
906:Ziff Davis
882:References
806:Atari Lynx
787:Atari 7800
779:Atari XEGS
705:Infogrames
484:Atari 7800
467:Atari 7800
394:Atari Lynx
390:Atari 7800
331:Atari Lynx
321:Atari 7800
288:Key people
274:California
245:JT Storage
232:1996-07-30
204:1984-05-17
76:newspapers
2670:Portfolio
2469:Home Pong
2451:Atari DOS
2332:Super Bug
2297:Star Wars
2248:Sky Diver
2227:Red Baron
2206:Quiz Show
2136:Millipede
2115:Liberator
2010:Destroyer
1982:Centipede
1947:Avalanche
1919:Asteroids
1868:MobyGames
1863:Kee Games
1442:April 13,
1399:(2): 1–4.
1121:March 26,
545:Microsoft
532:in 1989.
434:in 1998.
422:JTS Corp.
270:Sunnyvale
255:Successor
2686:Printers
2609:MEGA STE
2604:Atari ST
2395:Warlords
2290:Sprint 8
2283:Sprint 4
2276:Sprint 2
2269:Sprint 1
2164:Pin-Pong
2094:Indy 800
2080:I, Robot
2066:Gravitar
1968:Breakout
1842:AtariAge
1814:Atari SA
1174:June 24,
1147:July 16,
961:GameSpot
796:" (1986)
729:Atari ST
681:to form
675:JTS Inc.
646:FlipOut!
571:Game Boy
567:Nintendo
463:Atari ST
459:Atari ST
427:de facto
407:Warbirds
386:Atari XE
382:Atari ST
316:Atari ST
309:Products
163:Industry
145:Formerly
2665:ST Book
2574:Panther
2413:Tank II
2360:Tempest
2220:Rebound
2199:Quantum
2185:Pursuit
2031:Firefox
2017:Dominos
1901:Arcades
1795:Primary
1647:May 14,
1593:GamePro
1460:GamePro
1201:July 4,
988:GamePro
820:(1993)
775:(1985)
759:ST BOOK
731:(1985)
640:Baldies
438:History
402:porting
230: (
222:Defunct
212:Founder
202: (
194:Founded
157:Private
90:scholar
2640:Sierra
2624:Falcon
2579:Sierra
2564:Cosmos
2526:Jaguar
2353:Tank 8
2157:Outlaw
2108:LeMans
2087:Indy 4
2073:Hi-way
2045:Gotcha
1878:Tengen
1040:
826:(1995)
808:(1989)
802:(1989)
789:(1986)
781:(1987)
767:(1992)
761:(1991)
755:(1991)
749:(1990)
743:(1989)
737:(1989)
665:, and
643:, and
593:; the
586:64-bit
578:Jaguar
92:
85:
78:
71:
63:
2790:Atari
2737:Other
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1679:2007
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